Central bankers have failed to define and execute an exit strategy since the GFC. That’s just a fact.

Central bankers have failed to define and execute an exit strategy since the GFC.

That's just a fact.

Everything they've ever said about exit & normalization has been wrong.

Why are these people paid millions for speeches?

I really would like to know. pic.twitter.com/SUBXGyjIOY

— Sven Henrich (@NorthmanTrader) February 7, 2021

The Fed 3 step program:

1. We must intervene because there's an emergency.
2. When the emergency is over we must continue to intervene because there is uncertainty.
3. We must intervene because there's an emergency.

— Sven Henrich (@NorthmanTrader) February 7, 2021